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$412,700

NAL Estimated Property Value

421 Vernet Street, Richardson, TX, 75080

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,560 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$246.73 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size7,875 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42113500060130000
Lot Number13
SubdivisionNorthrich Acres
Land UseResidential
Legal DescriptionNORTHRICH ACRES BLK F LOT 13 INT202200298911 DD11212022 CO-DC 1135000601300 3CR11350006
Census Tract019211
Assessed Land Value$105,000
Assessed Improvement Value$307,700
Assessment Year2025

About this property

A truly amazing opportunity to own the cutest & most meticulously maintained pier & beam home conveniently located in the heart of highly sought after W. Richardson feeding into Pearce H.S. This charmer has it all! Stunning curb appeal w custom wood shutters, mature trees, lovely landscaping+a welcoming front porch. Come on in & notice the timeless & beautiful wood floors+craftsman style baseboards, trim+window casings thru out creating an upgraded, high end feel. The open & updated kitchen w real wood cabinetry, granite counters, large island, gas range+SS appliances is the heart of this home. You won't believe the size & comfort of the primary bedroom+renovated ensuite bathroom w dual vanities, large double shower+walk-in closet--almost impossible to find features at this price point in W. Richardson. An additional 3 secondary bedrooms+renovated guest bath provides plenty of space & options. Enjoy your very own huge, shaded backyard too! This house is a seriously incredible find!

Investor Tools

Property Icon
$412,700
Estimated Property Value
$288,030Estimated Mortgage Balance
$124,670Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,476 /month
Positive
Cash Flow Estimate:
$825 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$755/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,997
$412,700
2025
$105,000
$307,700
$412,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,997
$412,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$308,000
No
First
Nov 21, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,030
$124,670
30%
70%
$1,847/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$1,847/mo
+$813/mo
7.7%

City: Richardson

421 Vernet Street | Property Details | No Agent List